Question

Johnny buys broken bicycles from the junkyard, repairs them, and then resells them. He recently sold a bike for $50, which was 250% of the price at which he bought it. What was the price he paid for the bicycle from the junkyard?

Answer 1

the bike was bought for $20

Explanation:

this is true because 20*2.50 is 50

2.50 is the same as 250%